Canada hits China-made electric cars with 100% tariff

[Menthol]

Canada wanting to protecting Canadian auto workers?

Corruption.

Political lobbying.

A deal behind the table, behind a closed door.

It's funny, Canadian unable to figure it out, no wonder their corruption perception index is low.

Is Canadian stupid?

 

[Hamartia Antidote]

Corruption.

Political lobbying.

A deal behind the table, behind a closed door.

It's funny, Canadian unable to figure it out, no wonder their corruption perception index is low.

Is Canadian stupid?

They could simply be demanding what China did to everybody for decades. Build locally with 50/50 joint ventures with ToT or we will hit you with insane tariffs.

 

[Menthol]

They could simply be demanding what China did to everybody for decades. Build locally with 50/50 joint ventures with ToT or we will hit you with insane tariffs.

It's a normal practice in developing countries.

Including in Indonesia.

Using a large local market to force foreign company to have a joint venture with the local.

I guess, USA is also practicing it too.

 

[Hamartia Antidote]

It's a normal practice in developing countries.

Including in Indonesia.

Using a large local market to force foreign company to have a joint venture with the local.

Name one successful Canadian car company?

Even China had car companies when foreign imports tried to get into their market...only to be blocked by high tariffs.

yet..for some reason that is not okay by Canada to ask for joint ventures by foreign car companies to help jumpstart their industry? They have to be considered "developing"..

 

[Menthol]

Name one successful Canadian car company?

Even China had car companies when foreign imports tried to get into their market...only to be blocked by high tariffs.

yet..for some reason that is not okay by Canada to ask for joint ventures by foreign car companies to help jumpstart their industry? They have to be considered "developing"..

None. Hahaha

But the dream to one day own a car brand with local production.

Yes. It's a very common practice around the world.

 

[AZ_HighCountry]

Not to derail the thread but it was "agreements" like that that managed to get Motorola and Nokia into the very short end of the deal in China.

 

[Watandar]

Irrelevant as China is building factories for their electric cars in Mexico and Canada.

 

[AZ_HighCountry]

Irrelevant as China is building factories for their electric cars in Mexico and Canada.

Yup. Just like Mrs. AZ's 2008 Tacoma is technically "Made in America".